Culture and the Mass Media - 1400 Words

Impact of Mass Media on Enculturation The mass media and culture go hand and hand in today s society. The American culture thrives on the Mass media and this has become American culture today. â€Å"Mass media is any medium used to transmit mass communication. Until recently mass media was clearly defined and was comprised of the eight mass media industries; books, newspapers, magazines, recordings, radio, movies, television and the Internet (Lane, 2007).† The mas media is no longer simple to define the. The constant creating of new digital communication technology is so abundant that it may expand the current definition beyond the eight mass media industries. In this paper the writer will examine the relationships among popular culture†¦show more content†¦As the younger generation of homeowners look to modernize the look and feel of their decor, laminate flooring has slowly become one of the hottest consumer products on the house and home market.† The relationship between mass media and adverti sing has become very important and part of everyday normal values. Impact of the Internet on Popular Culture . The Internet can impact many aspects in every day life such as the impact on popular culture and even interpersonal relationships. Jeffrey McQuillen stated, â€Å"The Internet has become almost synonymous with popular culture† in his article on technology and interpersonal relationships (McQuillen, 2003). Many people use the Internet on a daily basis. The technology from the Internet has made it possible for popular culture to be accessed from around the world and not just located in a particular country or continent as it used to be. People can send an email, chat, and instant message one another in the matter of seconds. The Internet has virtually become its own culture. Through the Internet people can access the news, music, and even watch television. A good example is being able to watch a television program that has only aired before in a certain country for years, but can now be accessed across the world by viewers in different countries. Many websites today are made with the purpose of social networking forShow MoreRelatedMass Media and Popular Culture953 Words   |  4 PagesMass Media and Popular Culture March, 2009 Let us face the facts, mass media and popular culture need each other to coexist. Furthermore, in todays society the mass media serves the interest of popular culture. Moreover, it is the vehicle of free speech in a diverse, multicultural society. In addition, mass media refers to communication via radio, televisions, movie theaters, television, newspapers, magazines, and, etc; thereby, reaching out to the larger audience. On the contrary, popularRead MoreMass Media and Popular Culture1367 Words   |  6 PagesHow has mass media a created a relationship among popular culture, mass media and different forms of dissemination? Mass media is any form of communication used to reach a large group of people. There are different types of media; examples of media are magazines, movies, television, books, recording devices, radio and the internet. As time goes on, new and improved technology is developed in the mass media industry for communicating and entertainment purposes. As mass medi a continues to grow andRead MoreEffects of Mass Media on Culture2057 Words   |  9 PagesEffects of Mass Media on Culture Introduction: The media shape our attitudes about everything from soap to politics. Its important for us to be aware of the impact the mass media has on our culture/society. We need to be vigilant and ask ourselves to look for opposing opinions and evaluate the facts for ourselves rather than blindly accepting the medias version of the truth. Research has revealed that media is responsible for influencing a major part of our daily life. Media contribute to a transformationRead MoreMass Media Influence On American Culture878 Words   |  4 PagesMajor developments in the evolution of Mass Media The new era of technology led to major developments in the evolution of mass media, worldwide. In our society, we originally communicated orally before the Internet and wireless devices existed. Individuals relied on traditional forms of mass media, such as the television, radio, newspapers, and magazines, to attain knowledge of the outside world. Thereafter, the development of new forms mass media evolved, and we were introduced to the InternetRead MoreThe Effects Of Mass Media On American Culture951 Words   |  4 PagesEffects of Mass Media Introduction Why is mass media influencing the American culture? This is what we are going to be discussing in this essay. It’s important that we understand where the media has come from and where it is now and the journey that it is taking the American culture in the last century. America has now explored what un-traditional media and it has a major impact on the culture called new media. What were the major developments in the evolution of mass media during theRead MoreThe Effects Of Mass Media On American Culture777 Words   |  4 Pages Effects of Mass Media Amanda Shock Media Influences on American Culture (HUM/186) 10/19/2015 Allyson Wells Effects of Mass Media There are many different effects of mass media. Where would the world be today without mass media? The world has evolved so much. From the written era all the way to the digital era, communication has changed so much. For instance, when the radio was invented it changed the way the news was communicated and provided entertainment. The television came soonRead MoreEssay on Mass Media and Pop Culture1275 Words   |  6 PagesMass Media and Popular American Culture Mass Media and Popular American Culture Group Paper There are many different factors that make up our culture today. Mass media is a creator of our culture today. Relationships between media, advertising and the formation of normative cultural values are all contributors to our culture today. The internet and globalization have also played a huge role in our culture; all of which have their own meanings, but ultimately build our culture. Mass mediaRead MoreCulture Is Defined As The Internet And Mass Media1582 Words   |  7 PagesCulture is defined as â€Å"the beliefs, customs, arts, etc., of a particular society, group, place, or time† (Merriam Webster, 2015). Different continents, from Far East Asia to the West Most point of the Antarctica, holds their own unique traditions and cultures. Modern form of communication, such as the internet and mass media, had exposed us to various different cultures, thousands miles away from us, enabling us to see with our own eyes their practices and traditions. Despite that, does the imagesRead MoreThe Effect of Mass Media on American Culture614 Words   |  2 PagesMass media is communication that reaches a large audience. This includes television, advertisement, the Internet, newspapers, and so on. Mass media is a significant effect in modern culture in America. It creates ideas and sustained within society not only send ideological messages out to the public but to ad vertise this ideas which are tend to manipulate our mantalities. The mass media interperts the views of the majority of the people, the working class, to have their greatest influence on individualsRead MoreMass Media And Its Influence On Consumer Culture1497 Words   |  6 Pagesrecognized that people consume in ways that are consistent with their sense of self (Sirgy, 1982). Consumption is not only a tool to obtain the value of goods and display social status, but also is closely related to self-identity. In the consumer culture, customers no longer just shop because of their needs. The desire of individual s self-development and self-taught continue to stimulate the consumption. People change themselves as much as possible by buying new goods. In answer to the problem what

Leadership and Communication - 2648 Words

Leadership and Communication Carl Barkers Bus. 600 Mgmt. and Comm. Tech. Tools August 6, 2012 Leadership and Communication What is communication? What is leadership communication? These are two definitions that will be answered in this paper. You will take an extensive look at how communication from the top of the food chain to the bottom impacts workforce and insight on different communicating qualities utilized by leaders and their effects. Explain why a leader must communicate effectively. Describe positive image and its relationship with effective leadership communication. Describe ethics and its relationship with effective leadership communication, importance of emotional intelligence, and importance of mindfulness†¦show more content†¦I had a manager that was very knowledgeable about the job. His Leadership qualities were outstanding. He could communicate well with the staff and with the clients when it came to serious matters. He had your back in any situation. The only thing he lacked was ethical skills. That was what brought tension with him and staff. In this field people take their jo b lightly. They would come to work fifteen minutes to thirty minutes late, having the earlier staff have to stay later than they wanted. What the manager would do instead of keeping the late staffs time where they came in late, he would set it back to the time that they should have come in and take the extra time from the staff that stayed later. Also he would commit financial fraud in that he was suppose to every Friday bring weekly spending to the clients in a certain amount ($25.00). He was supposed to bring funds to the site, give the funds to the staff, then have the staff count it. Then he was to have the client sign the verification form stating that they received a certain amount. He would come in tell the clients to let him see their wallets and he would put money in it without the staff seeing or verifying the amount. Once he would leave the clients would come to staff and say that they signed for amount that they did not receive. The manager was eventually reprimanded for the action and given the choice to either be demoted to a regular staff or beShow MoreRelatedCommunication, Leadership, And Leadership Essay1525 Words   |  7 Pages 3.1. Communication and Leadership According to Lussier Achua, (2013, p. 192) Leader is a person who represents his/her workers and motivates them to reach company goals, communication and effective leadership skills play best roles when leaders try to achieve goals. Leader has to deal with number of people on day to day basis such as workers, customers, investors, media people etc. The success of leader depends on communication skills because, if the leader able to create a good communicationRead MoreLeadership And Communication Of Leadership975 Words   |  4 PagesLeadership and Communication President Theodore Roosevelt once said, â€Å"People ask the difference between a leader and a boss. The leader leads, and the boss drives (Business News Daily, 2015). In one simple statement he captured the essence of what it means to be a leader. In order for a company to be successful there has to be leaders in charge, not bosses. Over the course of my career I have worked for leaders and bosses. I have found that things run much smoother with a leader in charge. 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As the manager’s perspective and control expand, he or she will need to improve the core communication skills to become effective in the larger, more complex organizational situations. Barrett’s LeadershipRead MoreCommunication Is Essential For Leadership Communication983 Words   |  4 Pages Cross-Cultural Communication Communication is the key to succeed as a leader, such truth does not change for different cultures. As a leader one must be able to connect with others, this through verbal on non-verbal communication. Therefore one must understand how critical it is to become aware of cultural differences. Cultures change from city to city, and of course from country to country. When such cultural changes occur, it is most likely that values and believes will also change. IfRead MoreLeadership, Communication, And Transformational Leadership Essay1424 Words   |  6 Pagesof leadership, communication based on different authors and analysis of those theories by segmenting communication style and transformational leadership it also explains the characteristics of a transformational leader and how he uses his oratory skill to deliver his message effectively in an efficient way, it explains different types of communication style and in which situation it should be used. 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Though the definition that most resonates with me one by buckingham (2005), â€Å"what defines a leader is his preoccupation with a â€Å"the better future†, he carries a vivid image of what the future could be and it drives him on, and he shows this picture to his followers, persuades them into believingRead MoreLeadership and Communication Management1261 Words   |  6 PagesLeadership and Communication Management We all know how the computer system works: Without the talented operator or appropriate software, even if it is equipped with the most advanced hardware, the computer itself will not achieve any results. If we compare the computer system as Enterprise, leadership is the operator and communication management is one of the most efficient software. When these two important elements combine in a cohesive manner, the Enterprise should expect the best performance

Romanticism and Realism Free Essays

Romanticism and Realism Romanticism is the idealism for a better world. Writers believe that they can portray their beliefs and emotions though their writing. They hoped that this would encourage the people of the world to become something more than what they are now. We will write a custom essay sample on Romanticism and Realism or any similar topic only for you Order Now They valued the human imagination and imposed emphasis on individual freedom and political restraints. They also had a great interest in the middle ages. The emphases on emotion lead to Dark Romanticism such as the poetry by Edgar Allan Poe. Poe wrote with extreme emotion about death and the loss. While realism s more about the attempt to represent events and social conditions as they are. There is no idealization of events instead writers attempt to be as factual as possible. Writers of this form of literature stress reality over fantasy. They value the attention to detail and an effort to recreate the true nature of reality. This is the reason that most realist literature is written according to the time period of the writer. It is not to say that what realist writes is a true story exactly but rather it is to convey what is happening in the world at that moment in time. They write about the hardship and the malice with no sugarcoating of events but rather the brutal truth. The individual is an important aspect in the writing of romanticism. The writers view the individual as an important part of society. They reject authority and look to have self reliance. There is no need to have society accept them in order to have the life that they want. Emerson wrote â€Å"Great man is he who in the midst of the crowd keeps with perfect sweetness the independence of solitude† giving credence that social acceptance is not needed (Emerson 578). While in realism the individual idealism is not as important as the realistic portrayal of the individual and the society. Realistic writers write about how self reliance is portrayed in society. Whether it is oppressed or whether it was achieved. Chopin writes about self reliance as an aspect that the American women at the time have not been able to achieve to its fullest. Instead self-reliance is something that eludes women due to the social hierarchy that has been established for centuries. In both romanticism and realism pride is a preemptor to the loss of whatever good is one’s life. In while in romanticism this is portrayed with exaggeration of potions ND death in â€Å"The Birthmark† by Nathaniel Hawthorne. Realist writers such as Chopin use real situations of slave owners and the issue of race in their lives. Government and politics has been a subject in literature for a long time. In realism it is the description of the governments and the actions taken by them. It is about the truth of what that the political machine has done to the world. There is no idealism as there is in Romanticism. Politics in romanticist writing is about the hope for a better society. Their way of achieving this betterment is also a part of the romanticism in the literature. GOD By hoosegow How to cite Romanticism and Realism, Papers Romanticism and Realism Free Essays Romanticism and Realism Romanticism: [pic] Francisco De Goya. â€Å"The Third of May 1808† Oil on Canvas – Imagination and emotion are more valuable than reason. The romantics championed the struggle for human liberty. We will write a custom essay sample on Romanticism and Realism or any similar topic only for you Order Now They celebrated nature, rural life, common people, exotic subjects in art and literature. – Era: Industrial and French Revolutions – Technique: Dramatic scenes of nature or man and ideal landscapes. – Artists: Goya, Delacroix, Constable, Duncauson Realism: [pic] Gustave Courbet. â€Å"The Stone Breakers† Oil on Canvas Art should deal with human experience through observation, without exocticism, nostalgia or idealism. It offered the painter and the viewer humanity and insight into everyday world. †¢ Era: Industrial and French Rev †¢ Technique: Almost photographic and always portraying the dignity of ordinary people. †¢ Artists: Courbet, Bonheur, Eakins, Tanner, Daumier Impressionism and Expressionism Impressionism: [pic] Claud Monet. â€Å"Impression: Sunrise† Oil on Canvas †¢ Concern themselves with visual issues. They paint what the eye sees rather than what the mind knows. The effects of light on a subject is emphasized. †¢ Era: Development of camera †¢ Tech: Small dabs of color that appears as separate strokes of paint when seen close up. Yet with distance, one sees uniform subjects. †¢ Artists: Money, Renoir, Cassatt, Morisst Expressionism: [pic] Ernst Ludwig Kirchner. â€Å"Street, Berlin† Oil on Canvas †¢ General term for art that emphasizes inner feelings and emotions over subject depiction such as: sorrow, passion, spiritual and mysticism. †¢ Era: 1910-34 World War I †¢ Tech: Emphasis on color intensity as a means to express a mood. Artists: Kirchner, Kandinsky, Nolde, Kollowitz Surrealism and Cubism Surrealism: [pic]Joan Miro. â€Å"Woman Haunted by the Passage of the Dragonfly, Bird of Bad Omen† Oil on Canvas †¢ The belief that the unconscious mind is a higher reality than the conscious mind. The painters/ artists goal was to make visible the imagery of the unconscious. †¢ Era: 1920-40 (Sigm und Freud, manuscript was published) †¢ Tech: dreamlike imagery affected by color was most important to the work. †¢ Artists: Dale, Miro, Magritte, Kahlo Cubism: [pic] Pablo Picasso. Les Demoiselles D’avignon† Oil on Canvas †¢ Reconstruction of objects based on geometric shapes †¢ Era: a mechanized world. Industry simplified forms †¢ Tech: simplified surfaces and shapes; Fractured angular figures or landscapes †¢ Artists: Picasso and Braque Abstract Expressionism and Pop Art Abstract Expressionism: [pic] Jackson Pollock. â€Å"Autumn Rhythm† Oil on Canvas †¢ Artists expressed in their work a balance between spontaneity andformal structure. Individual expression is emphasized. †¢ Era: 1948-65 America after WWII Tech: use of color to influence mood and the energy of the artist is prominent. †¢ Artists: De Kooning, Pollock, Rothko Pop Art: [pic] Roy Lichtenstein. â€Å"Drowning Girl† Oil on synthetic polymer paint on canvas. †¢ Deals with commercially driven â€Å"mass culture†. Commercial art is the inspiration for pop art. †¢ Era: flower generation †¢ Tech: artists created cool mechanical images using photographic screen printing and airbrush tech to achieve the look of advertising imagery but used it on canvas. †¢ Artists: Warhol, Hamilton, Lichtenstein, Rosenquist. How to cite Romanticism and Realism, Papers

Financial Management - Samsung Electronics Co Ltd Free Sample

Question: Discuss about the Financial Managementfor Samsung Electronics Co Ltd. Answer: Introduction When a firm or company works on a global or international basis, it means that its activities involve other country currencies also apart from its domestic currency or home currency. For example, for a company having its home business in the USA works globally and has its various branches all over the world. In such as case, US Dollar will be the home currency for that company and all other currencies such as UK Pound, Indian Rupee, etc will be foreign currencies for the said company. Foreign Exchange (Currency) Exposure is the risk that the global firms are prone to, which performs their activities on a global or international basis. When such activities involve dealing in currencies other than home currency also, these activities are said to have a foreign exchange risk or exposure. The risk or exposure is there when the future inflows and outflows of a global firm depend on any foreign currency exchange rates or value (Bartram Bodnar, 2012). Foreign Exchange (Currency). The most important of all these types of exposures is Transaction Exposures that is primarily considered by almost every global company due to its direct impacts on the economy of the company. Case Study on Samsung Electronics Co Ltd Multi National Company Samsung Electronics Co Ltd is selected for the purpose of the study. In this case study, it will be explained that what kind of transaction, translation and economic exposures does Samsung face and how it deals with such exposures what instruments it uses to deal with such exposures. Samsung Electronics Co. Ltd. is a Multi National Company having its headquarters in the Republic of Korea. The group operates on a worldwide basis and deals in manufacturing and selling of digital media products and telecommunication products. It has its subsidiaries all over the world including Korea, America, Europe, Africa, China and rest of Asia. As the company operates in various foreign currencies, there arise different kinds of exposures or risks. One of these is market risks which are directly related to the foreign exchange fluctuations. Other risks are credit risk and liquidity risks (Samsung, 2016). The financial risk management is a very important operation for such big companies and departments and officers are designated at all the regional headquarters for managing and planning about the reduction of such risks. When there is likely to be a change in cash flows of a company due to change in exchange rates, such form of Foreign Exchange Exposure is said to be a transact ion exposure (Robert et. al, 2010). When there are fluctuations in foreign exchange rates, the companies consider the overall impact that the fluctuations are having such as market prices of products, the effect on profitability, etc. Such overall changes are said to be due to Economic Exposure (Waite, 2016). The foreign currency exposure to financial assets and liabilities are stated below: Translation Exposure or Accounting Exposure happens for Samsung as it converts the assets and liabilities of their subsidiaries into their home currency as a part of their accounting practice. Such a gain or loss at the time of conversion is said to be due to translation exposures. The foreign currency transactions are converted into the functional currency by utilization of the exchange rates that prevails on the transaction date or valuation where the re-measurement are done (Samsung Electronics, 2016). The gains and losses that occur from the transactions settlement and from translation are denominated in foreign currencies and realized as profit or loss. The assets and liabilities that are considered under risk management include assets such as cash, amounts receivable from debtors, short-term investments and another short term saleable current assets and liabilities include payables to short-term suppliers, borrowings, financial liabilities, etc. The company has to deal in various currencies of the countries where the subsidiaries are located and hence is exposed to foreign exchange currency risks (Kim Redmond, 2017). The cash outflows and cash inflows are directly affected when there are changes in exchange rates. Hence it is very important to keep an eye on the financial risks associated and their appropriate management. Way to deal with Exposures and Instruments used The company and its subsidiaries have set their financial risk management policies and keep such policies updated from time to time as per the changes in market risks. Such policies include determination of foreign exchange risks, identifying correct methods to deal with their risks, applying instruments such as hedging to deal with these risks, monitoring timely actions were taken and their consequences, etc. Also, the company keeps tracks of all the receivables and payables that are denominated in foreign currencies and will be converted into home currency and the impact such conversion will have on the companys profitability positions. The main techniques and instruments that are used by the company for managing the Foreign Exchange Currency Exposure are Hedging Techniques which can be further classified into Natural Hedging and Financial Hedging (Kim Redmond, 2017). Natural Hedging technique helps in reducing the difference between cash inflows and cash outflows when dealing in a particular foreign currency. It is an effective method for reduction in financial risk but it is a very lengthy procedure and may take a long time in its implementation (Eun Resnick, 2011). Financial Hedging technique uses purchasing of financial hedging instruments such as forward contracts, future contracts, swaps and currency options. Forward Contracts are the contracts which are done to buy or sell a particular amount of currency at a pre-decided price so that the exchange rate fluctuations do not have many adverse effects (Robert et. al, 2010). Such contracts are bought from and sold through Banks and Foreign Exchange Brokers. For Example, An Indian Company exports products to the US-based company. For a transaction, the US company agreed to pay 1500 US$ to the Indian Exporter after 3 months. The Indian Exporter enters into a forward contract with a bank to sell 1500 US$ at the end of 3 months @ INR 60.00 per US $. This is a process to reduce transaction exposure where the Importer will get an assured and pre-decided amount and can reduce the exchange rate fluctuation risks (Simonin, 2016). Other such Instruments are Currency Options and Swaps. Conclusion Samsung and other Multi-National Companies use such hedging instruments as a measure to safeguard themselves from the exchange rate fluctuations and other market risks. But apart from this other methods are also used by such companies to manage the overall financial risks associated with such companies such as finding new buyers in different countries at competitive rates and entering into fixed price contracts with them, predicting future sales so that appropriate arrangements can be planned for making payments and receiving payments from the customers with minimal exchange rate fluctuation effects. References Bartram, S. M Bodnar, G.M 2012, Crossing the Lines: The Relation between Exchange Rate Exposure and Stock Returns in Emerging and Developed Markets, Journal of International Money and Finance, vol. 31, no. 4, pp. 766792 Eun, C S Resnick, B. G. (2011).International Financial Management. New York, NY: McGraw-Hill/Irwi Kim, H Redmond, T 2017, A Hedge Fund Giant in Samsung Empire Finds Hurdles Close to Home, viewed 22 April, 2017 https://www.bloomberg.com/news/articles/2017-02-26/a-hedge-fund-giant-in-samsung-empire-finds-hurdles-close-to-home Robert C, Brian H.L Paul C 2010, How to Understand Business Finance, Kogan Page Limited Samsung 2016, Samsung Corporate profile, viewed 11 September 2016, https://www.samsung.com/us/aboutsamsung/corporateprofile/ Samsung Electronics Co Ltd. and Subsidiaries 2016, Consolidated financial statements, viewed 22 April, 2017 vihttps://images.samsung.com/is/content/samsung/p5/sg/ir/docs/2016_con_quarter04_all.pdf Simonin, D 2016, International Strategy: The Strategy of Samsung Group, viewed 11 September 2016,https://www.researchgate.net/publication/285370984_International_Strategy_The_Strategy_of_Samsung_Group Waite, S 2016, Samsung Asset Management Plans Global Macro Hedge Fund, viewed 22 April, 2017 https://www.bloomberg.com/news/articles/2016-06-01/samsung-asset-management-plans-global-macro-hedge-fund